EURUSD - Intraday - We look to Sell at 1.1240 (stop at 1.1270)
Posted Mixed Daily results for the last 10 days. A reverse is forming. The medium term bias remains . A area is located at 1.1172. The bias remains mildly but there is scope for a move in either direction at the open. Although the anticipated move lower is corrective, it does offer ample risk/reward today. Bespoke resistance is located at 1.1240.
Our profit targets will be 1.1175 and 1.1230
Resistance: 1.1240 / 1.1248 / 1.1256
Support: 1.1193 / 1.1173 / 1.1125